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US oil futures rise

Oil prices down on US fuel stocks build, dollar strength

Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured prices, reversing earlier gains driven by tightening supplies from Russia and other OPEC members.

Hosted on MSN · 7h

Oil prices settle lower as U.S. crude supplies fall but product stocks rise

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.

uk.investing.com on MSN · 1d

US oil futures rise after API reports much larger drop in US crude stocks

U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stockpiles. Crude Oil WTI Futures,

Russian Oil Depot In Flames

Newsweek on MSN · 21h

Russian Oil Depot Used by Putin's Nuclear Bombers on Fire After Drone Raid

The Russian city of Saratov and nearby Engels, which hosts a major air base, "were subjected to a massive UAV attack last night," the regional governor said.

U.S. News & World Report · 20h

Ukraine Strikes Russian Oil Depot Serving Airfield, Military Says

It reported multiple explosions and a big fire at "Kristal" oil depot, which it said provided fuel to the "Engels-2" military airfield, where Russia's strategic bomber fleet is based. "The strike of the oil depot creates serious logistical problems for the strategic aviation of the Russian occupiers and significantly reduces their ability to strike at peaceful Ukrainian cities and civilian objects,

UPI News on MSN · 13h

Ukraine says it struck Russian strategic oil depot, sparking fire

Ukraine's armed forces said Wednesday they attacked a strategic Russian oil depot overnight used to provide fuel for strategic bombers. A huge fire erupted at the Kombinat Kristall depot in the Russian city of Engels.

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Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings

Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...

8hon MSN

Shell writes down Namibia oil discovery in blow to country

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...

13hon MSN

U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks

U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...

17hon MSN

ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings

ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the ...

2don MSN

Trump plans to 'immediately' reverse Biden's 'ridiculous' ban on new oil and gas drilling along US coast

President-elect Donald Trump said he will "unban" President Biden's executive order blocking new oil and gas drilling across ...

Oil Averaging $65 in ‘25 to Keep OPEC+ Under Pressure, BofA Says

International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...

10hon MSN

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information ...

2don MSN

Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it

Biden's last-minute actions could be difficult for President-elect Trump to unwind, since they would likely require an act of ...

Oil futures settle at their highest level since October

Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year ...

Alaska Dispatch News1d

Alaska is suing the Biden administration over Friday’s Arctic refuge oil lease sale. Will there be much bidding this time?

The state argues that restrictions imposed on the lease sale are designed to block oil and gas activity, violating a 2017 law ...

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